audits

Markets Daily Podcast Cover
Crypto Update | 'A Complete Failure of Corporate Controls': What Investors and Accountants Missed in FTX’s Audits (Pt. 2)
With bitcoin regaining $16K after dipping to a two-year low earlier in the week, plus a deeper look at the troubled transactions inside FTX, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

CDCROP: DO KWON (Terra, modified by CoinDesk)
Luna Foundation Guard Spent $2.8B Defending UST Peg, Third-Party Audit Finds
Terraform Labs founder Do Kwon dismissed similarities with the collapse of FTX.
CDCROP: DO KWON (Terra, modified by CoinDesk)

CDCROP: Dollar Bills $1 (Horst Schwalm/Pixabay)
Crypto Auditing Platform Sherlock Raises $4M in Funding
The protocol features an open auditor competition to help find smart contract vulnerabilities
CDCROP: Dollar Bills $1 (Horst Schwalm/Pixabay)

CDCROP: Chia founder Bram Cohen (Chia)
Chia Network Reissues Its Asset Token to Address Security Vulnerability
The smart transaction platform will upgrade its chia asset token (CAT) to a new token, CAT2, to address a potential security weaknesses.
CDCROP: Chia founder Bram Cohen (Chia)

Coindesk placeholder image
Stablecoins Could Still Dominate Post-Terra, S&P Says
Not all stablecoins are alike, analysts note, but regulations may be needed to precipitate audits and investor fairness.
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CertiK CEO Ronghui Gu (CertiK)
CertiK Closes $60M Round, Raises Total of $148M in 2 Weeks
SoftBank Vision Fund and Tiger Global led a new $60 million funding for the blockchain security firm.
CertiK CEO Ronghui Gu (CertiK)

Fra Luca Pacioli  (1445-1517) was one of the earliest accountants. (Leemage/Corbis via Getty Images)
‘Correctly’ Was Wrong: Circle’s Accountant Tweaks Fine Print of USDC Attestation
Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters.
Fra Luca Pacioli  (1445-1517) was one of the earliest accountants. (Leemage/Corbis via Getty Images)

Funds held in Atomic wallets may be at risk. (donald_gruener/E+/Getty Images)
Least Authority Discloses Security Risks in Atomic Wallet
The disclosure is intended to "appropriately warn users without putting them at even greater risk," the security audit company said.
Funds held in Atomic wallets may be at risk. (donald_gruener/E+/Getty Images)

IRS TaxBit
IRS Taps TaxBit to Audit Bulk Crypto Transactions
TaxBit will aggregate transaction data and ensure that the right figures were reported by the taxpayer.
IRS TaxBit

food-tokens
DeFi Audit Firms Seeing 'Overwhelming Demand' Even Amid Token Price Slump
Overbooked audit firms are “rejecting” DeFi projects for code checks as the young sector wallows in its first bear market.
food-tokens